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Some Anaheim residents protest city spending money to get Kings

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Anaheim is like virtually every other city in the nation right now — the recession has meant budget deficits and cuts.

Specifically, Anaheim is running a $10-$11 million deficit and has depleted its financial reserves down from $45 million to about $11 million, the Orange County Register reports.

On April 12, the Anaheim City Council is expected to vote on floating bonds to pay for the renovation of the Honda Center and to build a practice facility, steps needed to lure the Kings to the city. (The issue is on this week’s council agenda with a request to continue it to the April 12 meeting. The Council can debate the issue, but traditionally these continuation requests are approved without much if any discussion.)

Already, some residents of the city are opposing that move, the Register adds.

“Aren’t we already facing a huge deficit?” resident Nathan James asked in an email. “What sense does it make to spend more money, especially when this area already has two pro (basketball) teams?”

If enough residents stepped forward to protest, it would kill the deal. But as Anaheim is a city that likes the idea of having another major sports franchise — and this time named after the city, not stuck on like an afterthought at the end — it would take a huge groundswell. Which means it would have to cost the taxpayers directly.

If this bond were structured in a way that the public had to pay for the financing it would have to go to a public vote. So you can bet that’s not how it’s going to go down. The Register suggests the alternative of “revenue bonds.”

Likely, funding would come from private investors and bonds would be paid off with the increased revenues anticipated from the Honda Center, in large part because of the NBA team.

Back in the early 1990s, the city issued bonds to construct the $123 million arena – a debt that was taken on by Ogden, and later by Anaheim Arena Management, the Henry Samueli-owned company that operates the Honda Center and is negotiating to bring the Kings here. Some $36 million in principal is left on that debt.

Report: Steve Ballmer in talks with Rams’ owner Kroenke to move Clippers to Inglewood

LOS ANGELES CA - OCTOBER 29: Steve Ballmer (C), owner of the Los Angeles Clippers, cheers for his team with his wife Connie Ballmer (L) at his side during pre game ceremonies before the home opener against Dallas Mavericks at Staples Center October 29, 2015, in Los Angeles California. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Kevork Djansezian/Getty Images)
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Since he bought the Los Angeles Clippers for a cool $2 billion, Steve Ballmer has been looking for ways to get them out of the shadow of the Lakers. While Los Angeles is big enough — and has enough corporate interests — to support two NBA teams, the city’s heart belongs to the Lakers. It’s still a wide chasm. You can take my word as a lifelong Angelino, or you can go look at the television ratings — the Lakers are in the worst stretch of on-court basketball in franchise history, the Clippers are loaded with stars and are one of the better teams in the NBA, and yet the Lakers still win the ratings battle.

One way to get out of the shadow — get out of sharing the same building. The Clippers moved to Staples Center with the Lakers when it opened (Donald Sterling loved having the team closer to his offices) but Steve Ballmer is talking about getting out, reports the Los Angeles Times.

Representatives of Steve Ballmer and Stan Kroenke, two of the richest owners in professional sports, have had multiple discussions about the Clippers joining the Rams and Chargers in the sports and entertainment district Kroenke is building in Inglewood.

Five people with knowledge of the conversations told The Times the arena could either be on the 298-acre site or an adjacent parcel. Either way, an arena would drive traffic to the planned mixed-use development and share parking with the $2.6-billion football stadium scheduled to open in 2019.

The Clippers are on a lease that runs through 2024 at Staples, but Ballmer and company have not-so-subtly been looking at potential sites for a new venue. There isn’t a question if the former Microsoft CEO has the money to finance such a building, but there could be both an economy of scale and joint energy joining the new football facility.

The project in Inglewood — on the former Hollywood Park horseracing location, right across the street from the Forum where Magic Johnson and the Showtime Lakers reigned — is designed like many modern arenas to bring dining, entertainment, and housing to the area with the arenas providing foot traffic. Staples Center did that for the L.A. Live development in downtown Los Angeles, helping spark a renaissance of the entire area. However, there are a lot of questions from parking to who actually would own the land and arena.

If nothing else, it’s a sign Ballmer gets what the previous owner either never did or simply never cared enough to try to fix — he has to get out of the Lakers’ shadow. One step in that path is getting out of the same arena.

Rockets’ Ryan Anderson gets engaged

WASHINGTON, DC - NOVEMBER 07: Ryan Anderson #3 of the Houston Rockets celebrates a three-pointer against the Washington Wizards during the second half at Verizon Center on November 7, 2016 in Washington, DC. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Patrick Smith/Getty Images)
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Ryan Anderson‘s girlfriend, Gia Allemand, committed suicide in 2014. I can’t even imagine having to handle that.

But it seems Anderson has found happiness.

Jonathan Feigen of the Houston Chronicle:

Fantastic news!

Carmelo Anthony says he doesn’t understand Knicks’ direction

PHOENIX, AZ - DECEMBER 13:  Carmelo Anthony #7 of the New York Knicks sits on the bench during the second half of the NBA game against the Phoenix Suns at Talking Stick Resort Arena on December 13, 2016 in Phoenix, Arizona.  The Suns defeated the Knicks 113-111.  NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Christian Petersen/Getty Images)
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Carmelo Anthony said he’d consider waiving his no-trade clause if the Knicks want to rebuild, which could be welcome news considering that’s what Phil Jackson reportedly wants to do.

But, after letting the trade deadline pass without a move, New York must convince Anthony of a plan — any plan — before getting him onboard.

Ian Begley of ESPN:

New York Knicks star Carmelo Anthony said he doesn’t understand management’s vision for the future after the club’s inactivity at Thursday’s trade deadline.

“No, not now. No, to be honest with you,” Anthony said late Thursday night. “I think they were kind of planning on the trade deadline, whether they were trying to make moves. I think that was one plan. Now they’ve got to get back to the drawing board and come up with another plan about the future of this team.”

It seems the Knicks want to rebuild around Kristaps Porzingis, but they’re already down another road with long-term money tied to Anthony (32), Joakim Noah (31), Courtney Lee (31) and Lance Thomas (28). There’s no simple way to pivot into a new direction — especially with Anthony possessing a no-trade clause.

Maybe Anthony will never waive it, but appears the Knicks continue to approach this the worst way possible.

Report: Kristaps Porzingis out several days with ankle injury

CLEVELAND, OH - FEBRUARY 23: Carmelo Anthony #7 and Kristaps Porzingis #6 of the New York Knicks walk off the court during a timeout during the first half against the Cleveland Cavaliers at Quicken Loans Arena on February 23, 2017 in Cleveland, Ohio. The Cavaliers defeated the Knicks 119-104. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Jason Miller/Getty Images)
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Of all the players the Knicks could have shed at the trade deadline — including Carmelo Anthony, Derrick Rose, Courtney Lee, Brandon Jennings and Kyle O'Quinn — New York is losing the one it values most.

Kristaps Porzingis sprained his ankle in the Knicks’ loss to the Cavaliers last night, but at least it doesn’t sound too serious.

Adrian Wojnarowski of Yahoo Sports:

The Knicks — 23-35, five games and four teams out of playoff position — were already going nowhere. Now, they’ll be a little less watchable while going nowhere.

As long as there are no lasting effects or indications of Porzingis being especially susceptible to injury, this is no big deal.